Float powered by eBikeGo

Area Requirement 300 - 300 Sq.ft
Investment Size INR 20 Lac - 30 Lac
Franchise Outlets 100-200

Business Detail

Float powered by eBikeGo is a vertical specifically targeted towards transforming the Tourism and Hospitality sector.

At eBikeGo Float, we aim to empower the Hospitality businesses with a fleet of robust and durable, connected, high quality 2-Wheeler Electric Vehicles in order to provide an additional business model to the business owners.

This also becomes a value added service for them to offer it to their guests/ customers.

Customers find a one stop solution at the venue itself while they are looking for sustainable and affordable options to commute around the locality during their stay.

The vehicles are trackable, connected and leave zero carbon foot print.

The businesses are supported end-to-end to set up this vertical, from setting up the kiosk to providing insurance, road side assistance, etc. along with a major contribution: a well-equipped home-grown SaaS product, which helps the business manage the entire fleet directly through a single dashboard.

Investment Detail

Commenced Operations

Operations Commenced On 2019

Franchising / Distribution Commenced On 2023

Franchise Details

UNITS

Location Store wise

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 000

Royalty/Commission 15 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 123%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 300 - 300 Sq.ft

Preferred location of unit franchise outlet All tourist destinations in India

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 4 Years

Is term renewable? Yes